Government keeping bread prices stable, newspaper reports
By M. Alkhazashvili
Monday, February 25
A local newspaper claims the government is keeping bread prices artificially low until parliamentary elections in May, in the face of a rise in international wheat prices.
Georgia imported wheat from Russia until January when prices increased 40 percent; from March onward Kazakhstan will meet Georgia’s wheat demand. The Ministry of Agriculture claims that as of January 30 the country has three months’ worth of wheat reserves.
The newspaper Rezonansi reports that bakers have been told by authorities not to increase bread prices in the run-up to parliamentary elections.
Georgia imported wheat from Russia until January when prices increased 40 percent; from March onward Kazakhstan will meet Georgia’s wheat demand. The Ministry of Agriculture claims that as of January 30 the country has three months’ worth of wheat reserves.
The newspaper Rezonansi reports that bakers have been told by authorities not to increase bread prices in the run-up to parliamentary elections.